The Trapezoid Area Calculator will calculate the area of a trapezoid if you enter in the height, the length of the top, and the length of the top of the trapezoid.A trapezoid is a geometric figure with 4 sides that has 2 parallel sides. In British English the trapezoid is called the trapezium.he Trapezoid Area Calculator will calculate the area of a trapezoid if you enter in the height, the length of the top, and the length of the top of the trapezoid.
Wiktionary (0.00 / 0 votes) Rate this definition: allocation (Noun). The process or procedure for allocating things, especially money or other resources. The allocation of new permits is on a first-come, first-served basis.n a general sense, distribution for employment of limited forces and resources among competing requirements. Specific allocations (e.g., air sorties, nuclear weapons, forces, and transportation) are described as allocation of air sorties, nuclear weapons, etc. See also allocation (nuclear); apportionment.
1 Client 2  : Cost allocation: the kind of accounting that allows assigning and allocating revenues and expenses to the different cost centers of the company. 3  Cost center: it is a part of the organization (usually identified with a functional area) that we use to allocate revenues and expenses.